Accounts Receivable Financing: Fast and Flexible Funding
Did you know that your business already has an asset you can use to deal with cash flow challenges and fund its growth? Business Capital Services’s accounts receivable financing lets you tap into your unpaid customer invoices and quickly obtain the cash you need.
How Does Financing Receivables Work?
Also known as invoice factoring, AR financing allows you to sell unpaid customer invoices at a discount. We purchase those invoices from your business and give you cash right away. In turn, we collect payment directly from your customers. Since there are no bank loans involved, you don’t incur long-term debt or equity sacrifices. AR financing can be an excellent option for new startups, companies with cash flow issues or businesses in bankruptcy. Upon approval, you enjoy a few great benefits:
- Cash received within 1-3 business days
- Free credit insurance on your customers
- No fixed payments required
- No personal guarantees or recourse needed
Your available funding grows as your sales increase, so AR financing can benefit you in both the short and long term. Use the funds for daily operational expenses, expansion costs or completing large and unexpected orders.
Let Us Help Your Business Grow
Our accounts receivable financing is just one of the many options in our diverse portfolio of commercial finance products. Our certified financial experts can answer your questions and help you apply for funding. Contact us now to get started and guide your business toward success.